![Mergercast by Strategy& show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/057/423/small/mergercast-by-booz-and-company.jpg)
Summary: Gerald Adolph, Senior Partner at Strategy& and leader of the firm's mergers and restructurings group, discusses the impact of the tighter credit environment on third-quarter 2007 M&A activity. He looks at the types of deals hindered by tighter credit, its impact on private equity firms and some new opportunities this presents for strategic buyers. Originally published as: Third quarter 2007 roundup, Booz Allen Hamilton, 2007.